Which entries are correct in accordance with the manner prescribed in the revised Schedule III to the Companies Act, 2013- (A) The shareholders'…
CUET UG 2025 — Accountancy Financial Statements
Which entries are correct in accordance with the manner prescribed in the revised Schedule III to the Companies Act, 2013-
(A) The shareholders' funds are sub-classified as Share Capital, Reserves and Surplus & Money received against Share Warrants.
(B) Reserves and Surplus include Revaluation Reserve.
(C) Both tangible and intangible assets are current assets.
(D) Deferred tax assets/liabilities are always non-current.
Choose the correct answer from the options given below:
Held on 14 May 2025 · Verified 13 Jul 2026.
Options
- A
(A), (B) and (C) only
- B
(A), (B) and (D) only
- C
(A), (B), (C) and (D)
- D
(B), (C) and (D) only
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